Looking at previous structure and our failure to meet or close above the resistance of 05/10/2016 If price hits the shaded circle and bounces off previous structures lines I will be going short.
We broke the resistance of 06/10 but bounced right back, will we break or will there be a pull back.. keeping my eye on this.
Double top short until black line where meets previous structure
I think the trend line continues and price goes long however, keeping an eye out for the short breakout
OK so from my understanding of the structure we go long from here, however, I am mindful of the news tomorrow and that could cause serious volatility...
On 16/08 price reached 0.86565 and on 26/09 price failed to close at that level or above, closing at 0.86584. Previous structure demonstrates bearish trend...
Price previously broke above but failed to hold, I think it may break above and hold.
Just another idea... Given the previous structure resistance, I expect the pull back to go to the red line and then continue bullish trend.
Will we see price break through the lowest point on the chart since 8 July and into the red box or will it bounce off?
OK this is my first time using this tool, but giving it a go to help with my education. Any comments will be much appreciated :)
Looking at the previous structure, looking to hit the red line at the bottom and then buy in...
As I am new to TradingView working out where all fo the tools are, however, saw this and predicting continuation of the bearish trend after this pull back.
Not too sure on this one, had a quick look at the chart and initially thought this so publishing it. This is on the 4 hour chart, however with the tops looks to be a trend.
As predicted another pull back, however, looking back at previous structure there is a lot of support at the point we are at. I predict another drop in price.
Going to stay aboard the short train a little longer; however, may pull out soon as you never know with the market and made some decent profit already!
So far so good might let it run a bit more before pulling out as you never know with the market!
Looks like we are on the ay down! But I do not think directly down there will be some pull backs along the way.